Overnight rate (per cent) - New Zealand - OECD - Monthly
This series is part of the dataset: OECD interest rates
Download Full Dataset (.xlsx)Latest updates. In New Zealand, the overnight rate stood at 2.31 per cent in June 2026, compared to 2.32 in May 2026.
Sample. In the monthly time series plotted above, there are 497 data points. The series covers the time range stretching from January 1985 to June 2026.
History. Here’s a quick look at some statistics we calculated on the whole sample: the interest rate averaged 6.58 per cent; it registered a minimum of 0.15 in August 2020; it reached a maximum of 67.32 in March 1985.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-04-30 | 2.33 |
| 2026-05-31 | 2.32 |
| 2026-06-30 | 2.31 |
Tip. We group indicators into worksheets and datasets to simplify exploration. By moving down the page, you will discover how we arranged further information related to the statistics found here.
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Series Metadata
| Field | Value |
|---|---|
| Description | Overnight rate |
| Country | New Zealand |
| Economic concept | Interest rate |
| Data type | Annual interest rate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Overnight rates usually refer to official discount rates and call-money rates. |
| FSR temporal aggregation code | LM1 |
Series in the same data set
Discover the other time series included in this data set.